Industry News
Wildfires driven by climate change contribute to as many as thousands of annual deaths and billions of dollars in economic costs from wildfire smoke in the United States, according to a new study. The paper, published in the journal Nature …
Via: Claims Journal
As weather-driven catastrophes become more common and severe, commercial property owners and the agents who serve them are reassessing risks and coverage to get more build for their buck. The new Nationwide Agency Forward Commercial Lines Protection Survey surveyed commercial …
Via: Claims Journal
Alphabet’s Google said it has identified new malware called “LOSTKEYS” tied to the Russian-based hacking group Cold River, which is capable of stealing files and sending system information to attackers. The malware “marks a new development in the toolset” of …
Via: Claims Journal
Italy’s Moltiply Group said on Friday it was suing Alphabet’s Google and seeking damages of 2.97 billion euros ($3.34 billion) for abuse of its dominant market position as previously recognized by the EU Court of Justice. Moltiply operates the popular …
Via: Claims Journal
It’s 6:15pm on a Friday night as an SMB insured reaches out to the Converge hotline reporting that its servers are encrypted and its network is down. Only there’s no panic in the caller’s voice. They are confident in their …
Via: Claims Journal
A group representing General Motors, Ford and Stellantis blasted President Donald Trump’s trade deal announced with the United Kingdom, saying it would harm the U.S. auto sector. British carmakers will be given a quota of 100,000 cars a year that …
Via: Claims Journal
Extreme weather is an increasingly expensive problem in the U.S. Last year, fires, droughts and storms caused more than $182 billion in damages — but going forward, the federal government won’t be keeping track. The National Oceanic and Atmospheric Administration, …
Via: Claims Journal
The European Union’s plans to cut back sustainability reporting rules could expose European companies to more climate change-related lawsuits, 31 legal scholars said in a letter published on Friday. The European Commission in February proposed loosening corporate sustainability rules for …
Via: Claims Journal
When quarterback Shedeur Sanders slid to the fifth round of the 2025 NFL Draft, many football fans were left shocked that the much-hyped University of Colorado product was passed over time and again. Now one fan is suing the NFL …
Via: Claims Journal
A Long Island school district is accusing two insurers of ducking their responsibilities to defend and indemnify it against lawsuits by former students claiming they were sexually abused by an elementary school teacher decades ago. Bay Shore Union Free School …
Via: Claims Journal